BERLIN—Faced with a tight labor market and a shortage of workers with key software engineering skills, some German companies are looking at thousands of layoffs in Silicon Valley as an opportunity to recruit top talent.
The U.S. West Coast has always been the main destination for ambitious software engineers looking to work in the best-paid, most elite corner of their profession, but the mass redundancies have created a pool of jobseekers that Germany is eager to tap.
“They fire, we hire,” said Rainer Zugehoer, Chief People Officer at Cariad, the software subsidiary of automaker Volkswagen. “We have several hundred open positions in the U.S., in Europe, and in China.”…